Businesses can implement various types of reward programs, including:
Point-Based Programs: Customers earn points for purchases or other actions, which can be redeemed for rewards. Tiered Programs: Customers achieve different levels of rewards based on their engagement or spending. Referral Programs: Customers receive rewards for referring new clients or customers to the business. Cashback Programs: Customers receive a percentage of their purchase amount back as cash or store credit. Recognition Programs: Employees receive rewards for achieving specific performance goals or milestones.